NYSE Bullish Stocks: Companhia Siderurgica Nacional (ADR) (NYSE:SID), Maui Land & Pineapple Co. (NYSE:MLP), AMREP Corporation (NYSE:AXR), Acorn International (ADR) (NYSE:ATV)

Posted by on Jul 08, 2014

Brazilian steel maker, Companhia Siderurgica Nacional (NYSE:SID), or CSN recently announced the approval of its board of directors of a new share buyback program. The repurchases will be done solely to improve shareholder return. Companhia Siderurgica Nacional (ADR) (NYSE:SID) weekly performance is 9.35%. On last trading day company shares ended up $4.68. Analysts mean target price for the company is $11.67. Companhia Siderurgica Nacional (ADR) (NYSE:SID) distance from 50-day simple moving average is 13.75%.

On June 23,2014 Hawaii Gov. Neil Abercrombie has released $19.5 million that allows the state to complete the purchase of about 280 acres of land at Lipoa Point above Honolua Bay on Maui from Maui Land & Pineapple.The Maui News reports Abercrombie, who signed a bill into law a year ago authorizing $20 million for the land purchase, released $500,000 in January for appraisal work and other studies, while the remaining $19.5 million released last week will be used to buy the land from Maui Land & Pineapple (NYSE: MLP).Maui Land & Pineapple Co. (NYSE:MLP) shares advanced 8.33% in last trading session and ended the day on $7.41. MLP Gross Margin is 35.00% and its return on assets is -0.70%. Maui Land & Pineapple Co. (NYSE:MLP) quarterly performance is -17.58%.

On June 11,2014 AMREP Corporation (NYSE:AXR) reported that it and its indirect subsidiaries, Kable Distribution Services, Inc. (“Kable Distribution”) and Palm Coast Data LLC (“Palm Coast”), have entered into a comprehensive settlement agreement with Heinrich Bauer (USA) LLC (“Bauer”), which resolves all matters relating to the two distribution agreements between Kable Distribution and Bauer that will terminate on June 30, 2014. AMREP Corporation (NYSE:AXR) shares moved up 8.35% in last trading session and was closed at $6.88, while trading in range of $6.16-$6.94. AMREP Corporation (NYSE:AXR) year to date performance is -1.71%.

Acorn International, Inc. (ADR) (NYSE:ATV), a media and branding company in China engaged in developing, promoting and selling products through direct and distribution networks, reported its unaudited financial results for the first quarter ended March 31.In a release on May 27, the Company noted that summary results for the first quarter of 2014 include:Net revenues were $28.3 million, a decrease of 45.3 percent from $51.8 million in the first quarter of 2013. Acorn International, Inc. (ADR) (NYSE:ATV) ended the last trading day at $2.04. Company weekly volatility is calculated as 12.10% and price to cash ratio as 0.84. Acorn International, Inc. (ADR) (NYSE:ATV) showed a positive weekly performance of 13.85%.

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